Updated Dec 21, 2023
Gelineau & Associates R.E. Sells Multifamily Property In Waltham, MA For $2.4M
71 Francis Street, Waltham, Massachusetts 02451, United States
$2,400,000
$388/SF
Building Size
6,172 SF
Asset Type
MultiFamily
Closing
Mar 30, 2022
About this deal
AI
A multifamily property located at 71 Francis St in Waltham, MA has been sold for a total of $2,400,000. The property spans 6,172 square feet, resulting in a price per square foot of $389. The sale took place on 03/31/2022.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $2,400,000
- Address: 71 Francis St, Waltham, MA
- Market: Waltham, MA
The sale was facilitated by Glenna Gelineau from Gelineau & Associates R.E., who represented the parties involved in the transaction.
The multifamily sale at 71 Francis Street, Waltham, Massachusetts 02451, United States in Waltham, Massachusetts sold for $2.4M in 2022. The building is 6,172 square feet, implying about 388 per square foot on the published price. Named participants on the 71 Francis Street, Waltham, Massachusetts 02451, United States sale are Glenna Gelineau. This page is the Waltham, Massachusetts file for the 71 Francis Street, Waltham, Massachusetts 02451, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Waltham sit in the Market section below. Filter that Waltham multifamily set by closing date to see what else sold near 71 Francis Street, Waltham, Massachusetts 02451, United States around 2022. Published consideration for 71 Francis Street, Waltham, Massachusetts 02451, United States is $2.4M, dated 2022. Cite this Gelineau & Associates R.E. Sells Multifamily Property In Waltham, MA For $2.4M sale when underwriting similar multifamily product around Waltham, Massachusetts.
On the Map
$2,400,000
$388/SF
MultiFamily
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Waltham MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93